Bath & Body Works
BBWI
About: Bath & Body Works is a specialty home fragrance and fragrant body care retailer operating under the Bath & Body Works, C.O. Bigelow, and White Barn brands. The company generates most of its business in North America, with just 5% of sales from international markets in fiscal 2024. For fiscal 2024, 76% of sales stemmed from the brick-and-mortar network (which was composed of more than 1,800 retail stores), similar to 2023 levels, as consumer shopping patterns remained to normal. Future growth is expected from store upgrades, digital and international channels, as well as adjacent category expansions like hair and laundry.
Employees: 59,210
Fund manager confidence
Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)
18% more first-time investments, than exits
New positions opened: 85 | Existing positions closed: 72
2% more funds holding
Funds holding: 461 [Q1] → 468 (+7) [Q2]
9% more repeat investments, than reductions
Existing positions increased: 178 | Existing positions reduced: 163
0% more funds holding in top 10
Funds holding in top 10: 6 [Q1] → 6 (+0) [Q2]
0.19% less ownership
Funds ownership: 97.36% [Q1] → 97.17% (-0.19%) [Q2]
3% less capital invested
Capital invested by funds: $6.33B [Q1] → $6.16B (-$163M) [Q2]
71% less call options, than puts
Call options by funds: $103M | Put options by funds: $354M
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
6 analyst ratings
Morgan Stanley
Kimberly Greenberger
|
$18
|
Overweight
Maintained
|
12 Sep 2025 |
UBS
Jay Sole
|
$32
|
Neutral
Maintained
|
29 Aug 2025 |
Barclays
Adrienne Yih
|
$32
|
Equal-Weight
Maintained
|
29 Aug 2025 |
Telsey Advisory Group
Dana Telsey
|
$38
|
Outperform
Maintained
|
28 Aug 2025 |
Citigroup
Paul Lejuez
|
$40
|
Buy
Maintained
|
19 Aug 2025 |
JP Morgan
Matthew Boss
|
$46
|
Overweight
Maintained
|
28 Jul 2025 |
Financial journalist opinion
Based on 17 articles about BBWI published over the past 30 days